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1. €9.5 million tourism investment shaping Paralimni's future

In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....

2. Farmers hold government accountable for halloumi

Sheep and goat farmers are gearing up for decisive action, including staging a protest outside the Presidential building, if their meeting with the President on Tuesday, September 26, fails to address their demands concerning Halloumi's Protected Designation of Origin (PDO) status. Sotiris Kadis, the president of the Sheep and Goat Farmers Association, conveyed this message during an interview with SPOR FM and Diaspora News....

3. Oregon's magic mushroom trials draw thousands

Psilocybin tea, wind chimes and a tie-dye mattress await those coming to an office suite in Eugene to trip on magic mushrooms....

4. Fire in Hanoi claims lives of more than 30

The Digital Agenda Cyprus Summit is excited to announce its partnership with the organization "Techisland" as the primary sponsor of the "Alpha Stage" platform, which aims to support startups in Cyprus and the surrounding area....

5.  Land sales surge in Akamas

The irregularities observed within Akamas' protected area, as highlighted in last Sunday's report by "K," appear to be just one aspect of a broader issue emerging in anticipation of the implementation of the local plan in September....

6. Akamas will be scanned by drones to find illegal converstions

Interior Minister Constantinos Ioannou has outlined the forthcoming measures to address complaints concerning livestock farms in the protected Akamas area,...

7. President's commitment to empower justice in Cyprus

The existence of an independent, strong, and efficient judicial system is the greatest guarantor of the rule of law and the supremacy of the Law, Cyprus President Nikos Christodoulides said on Thursday, while addressing an event at the Supreme Court on the occasion of the implementation of the justice reform laws and the swearing in of the judges of the newly established Court of Appeal....

8. Finance minister warns of VAT consequences

With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....

9. President Christodoulides calls for stronger anti-corruption measures

In a seminar organized by the Cyprus Bar Association on "Independent Anti-Corruption Authority: legislation, practice, and challenges," President of the Republic, Nikos Christodoulides, emphasized the government's commitment to combating corruption and promoting political accountability....

10. EU launches innovative support center for Green Line trade

The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....

11. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

12. Ministry of Labor building may not be structurally sound

The House of Representatives Internal Affairs Committee sounded the alarm on Cyprus and Public Services' degree of preparedness in the event of strong seismic activity following a meeting on March 16. ...

13. MEP's pass bill banning home sales or rentals without energy upgrade

All properties available for sale or rent must incur compulsory energy upgrade costs, costing tens of thousands of euros, from 2030 onward, based on what is stated in the relevant European Union directive....

14. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....

15. Musk building 'utopian' town for employees

Elon Musk has reportedly bought thousands of acres of land about 35 miles outside of Austin and plans to build his own town there for employees to live and work....

16. Turkey pushes on rebuilding as death toll nears 50,000

Turkey has stepped up plans to house victims of the devastating earthquake which struck its border region with Syria, the interior minister said, as the combined death toll in the two countries crept toward 50,000....

17. Mr. Kadis: 'The goal is to recycle 70% of construction and demolition waste'

Agriculture Minister Costas Kadis stated in his address at the "Workshop for the presentation of an innovative robotic method of separating waste from construction and demolition" that the goal is for at least 70% of the waste generated from construction and demolition to be recycled....

18. Turkey orders arrests over collapsed buildings in earthquake

Turkey vowed on Sunday to investigate thoroughly anyone suspected of responsibility for the collapse of buildings in the country's devastating earthquakes nearly one week ago and has already ordered the detention of 113 suspects...

19. Australian government removes Chinese-made surveillance cameras

Australia's defense department will strip its buildings of Chinese-made security cameras to ensure they are "completely secure", the government said on Thursday....

20. Café at Hala Sultan Tekke done with respect and under strict regulations

The operation of a café at Hala Sultan Tekke, a mosque in the Larnaka district, on the south coast, is done with respect to the area and the monument and under strict conditions, the Mayor of Larnaka Andreas Vyras told the Cyprus News Agency....

21. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

22. Initial PEGA report - Cyprus is an appealing destination for spy goods

23. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

24. Shanghai facing biggest lockdown in 2 years

Shanghai, the Chinese financial capital of 25 million people, is facing the worst outbreak of covid-19 cases in two years and entering a two-phase lockdown....

25. Walls go up as wall comes down in divided Nicosia

Turkish Cypriot city officials in north Nicosia say they are prepared to tackle a collapsed Venetian wall with or without help from the south, as both sides on the divided island still disagree on how to fix it together...

26. Teddy Sagi's Playtech embroiled in takeover battle

Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....

27. Greek PM defends migration policy in heated exchange with journalist (video)

Mitsotakis, whose center-right New Democracy party came to power in 2019, defended his government’s migration policy, calling it “tough but fair”, and said Greece was rescuing hundreds of people at sea since 2015 when it was on the frontline of Europe’s migration crisis....

28. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

29. Critics slam 'Trump-like' fence installed in Nicosia suburb

The government came under fire on Tuesday over a decision to lay razor wire along a section of the Astromeritis buffer zone in the Nicosia district....

30. Cyprus Parliament approves Code of Conduct for MPs

Parliament on Thursday approved a decision enacting the Code of Conduct for MPs, implementing a recommendation by Greco, the Council of Europe’s anti-corruption monitoring body....